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12608RESOLUTION NO. 12,608 A RESOLUTION TO REQUIRE THE 2007 AUDIT TO BE PERFORMED IN ACCORDANCE WITH THE GUIDELINES AND FORMAT PRESECRIBED BY THE GOVERNMENTAL ACCOUNTING STANDARDS BOARD, THE AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS, AND THE UNITED STATES GOVERNMENT ACCOUNTABILITY OFFICE. WHEREAS, Act 499 passed by the 2005 Legislature sets minimum standards for annual audits, and WHEREAS, the City desires to maintain the highest standards of financial reporting, and WHEREAS, Act 499 requires the Board to adopt an annual resolution authorizing an audit under the highest standards. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1: The 2007 audit shall be performed in accordance with the guidelines and format prescribed by the Governmental Accounting Standards Board, the American Institute of Certified Public Accountants, and the United States Government Accountability Office. ADOPTED: November 20, 2007 ATTEST: Na ki S. Blocker, Assistant City Clerk APPROVED AS TO FORM: Thomas M. Carpenter City Attorney -Z'41 Mark Stodola, Mayor